Borivali East · Mumbai
The Grand Residences
Borivali East · by Goodwill Developers (Matrubhumi Construction Private Ltd.)
Updated Oct 2026
Borivali EastPhotos from the project record · tap to enlarge
A first look at The Grand Residences
The Grand Residences is a residential project by Goodwill Developers in Borivali East, Mumbai 400066. It is registered with MahaRERA under P51800053261 (registered 2024-04-24). The project has 104 units across 1 building of up to 18 floors. It offers 2, 4 & 5 BHK homes with carpet areas of 914–2,435 sq ft, priced ₹3.43 Cr–₹9.15 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹37,500 per sq ft. MahaRERA proposed possession: Apr 2028.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (3)
Property listings in The Grand Residences
The Grand Residences floor plans
1
Floor plans are indicative, as shared by the developer, and subject to change.
About The Grand Residences
Location
The Grand Residences is located in Borivali East, Mumbai 400066, in the Mumbai Suburban district. Across 22 recent resale listings on MPE, homes in Borivali East have a median asking rate of ₹31,386 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.
MahaRERA record
The MahaRERA registration number is P51800053261, issued on 24 April 2024. The registered promoter is Matrubhumi Construction Private Ltd.. The filing lists 1 wing: The grand Residences with 104 units over 18 floors. Per the registration, the architect on record is MAHENDRA DAVDA ASSOCIATES and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 914 sq ft at ₹3.43 Cr; 4 BHK of 1,812 sq ft at ₹6.18 Cr; 5 BHK of 2,435 sq ft at ₹9.15 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹34,100–₹37,600 per sq ft of carpet, 19% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 98%, structure at 40%, finishing at 8%, services at 32%. Proposed possession is Apr 2028.
Developer track record
Goodwill Developers has 10 projects tracked on Mumbai Property Exchange, 6 of them delivered (ready or sold out).
Buyer demand in Borivali East
In the last 90 days, buyers and tenants registered 20 requirements for Borivali East with Mumbai Property Exchange, 9 of them to buy and 7 specifically for 2, 4 & 5 BHK homes.
Borivali East market
prices, rents & ratesPrice vs locality
Borivali East — resale, rent & yield
This project is quoted around ₹37,500/sqft — 19% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Borivali East
Upcoming projects & infrastructure in Borivali East
take an informed decision45 MahaRERA projects are due to hand over in Borivali East between 2026 and 2030; the nearest upcoming infrastructure to The Grand Residences is the Borivali-Thane Tunnel, 1.3 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Borivali-Thane TunnelUnder construction · due 20281.3 km
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
104 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 4 BHK · 1812 sq ft at ₹6.18 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹4.63 Cr here), released stage by stage, so your own money is about ₹1.54 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹4.02 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
22+14 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Borivali East
4
Flats for Rent in Borivali East
4
Commercial for Sale in Borivali East
1
Commercial for Lease in Borivali East
1
Commercial Projects in Borivali East
Compare The Grand Residences with similarly priced projects nearby
MahaRERA projects nearby in Borivali East
Frequently Asked Questions
Where is The Grand Residences located?
The Grand Residences is in Borivali East, Mumbai 400066.
What is the price of The Grand Residences?
2, 4 & 5 BHK homes are priced ₹3.43 Cr–₹9.15 Cr as on 09 Jul 2026, about ₹37,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does The Grand Residences offer?
2 BHK – 914 sq ft carpet at ₹3.43 Cr; 4 BHK – 1,812 sq ft carpet at ₹6.18 Cr; 5 BHK – 2,435 sq ft carpet at ₹9.15 Cr.
When is possession of The Grand Residences?
As per MahaRERA, proposed possession is Apr 2028.
Is The Grand Residences RERA-registered?
Yes — MahaRERA registration P51800053261, registered 2024-04-24.
How many units does The Grand Residences have?
MahaRERA records 104 units across 7 buildings, up to 18 floors.
Who is the developer of The Grand Residences?
Goodwill Developers (Matrubhumi Construction Private Ltd.) — 10 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali East?
45 MahaRERA-registered projects in Borivali East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near The Grand Residences?
Borivali-Thane Tunnel — under construction · due 2028, 1.3 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
